Alliance Healthcare Group (SGX:MIJ) PB Ratio : 1.21 (As of May. 29, 2024)

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What is Alliance Healthcare Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-29), Alliance Healthcare Group's share price is S$0.135. Alliance Healthcare Group's Book Value per Share for the quarter that ended in Dec. 2023 was S$0.11. Hence, Alliance Healthcare Group's PB Ratio of today is 1.21.

Good Sign:

Alliance Healthcare Group Ltd stock PB Ratio (=1.21) is close to 5-year low of 1.16

The historical rank and industry rank for Alliance Healthcare Group's PB Ratio or its related term are showing as below:

SGX:MIJ' s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 1.82 Max: 6.36
Current: 1.21

During the past 8 years, Alliance Healthcare Group's highest PB Ratio was 6.36. The lowest was 1.16. And the median was 1.82.

SGX:MIJ's PB Ratio is ranked better than
72.8% of 592 companies
in the Healthcare Providers & Services industry
Industry Median: 2.165 vs SGX:MIJ: 1.21

During the past 12 months, Alliance Healthcare Group's average Book Value Per Share Growth Rate was 0.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 22.10% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Alliance Healthcare Group was 88.20% per year. The lowest was 7.60% per year. And the median was 41.30% per year.

Back to Basics: PB Ratio

Alliance Healthcare Group PB Ratio Historical Data

The historical data trend for Alliance Healthcare Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alliance Healthcare Group PB Ratio Chart

Alliance Healthcare Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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2.50

1.91

1.85

1.60

1.58

Alliance Healthcare Group Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial									1.66	1.60	1.56	1.58	1.52

Competitive Comparison of Alliance Healthcare Group's PB Ratio

For the Medical Care Facilities subindustry, Alliance Healthcare Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alliance Healthcare Group's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alliance Healthcare Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alliance Healthcare Group's PB Ratio falls into.

Alliance Healthcare Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Alliance Healthcare Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.135	/	0.112
	=	1.21

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Alliance Healthcare Group (SGX:MIJ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Alliance Healthcare Group PB Ratio Related Terms

Thank you for viewing the detailed overview of Alliance Healthcare Group's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Alliance Healthcare Group (SGX:MIJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alliance Healthcare Group Ltd (SGX:MIJ) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Bukit Batok Crescent, No.07-12 The Elitist, Singapore, SGP, 658066

Website

https://www.alliancehealthcare.com.sg

Alliance Healthcare Group Ltd is an investment holding company. The segments of the company involve General Practitioner ("GP") clinic services, Specialist care services, Pharmaceutical services, Managed healthcare solutions; and Mobile and digital health services. It generates maximum revenue from the GP clinic services segment. The GP clinic services segment is in the business of the provision of primary healthcare medical services by general practitioners. Geographically, it derives a majority of revenue from Singapore and also has a presence in Europe and the Asia Pacific Region.

Alliance Healthcare Group (SGX:MIJ) Headlines

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